Kowloon Development Co (FRA:KOX) Debt-to-EBITDA : -135.78 (As of Dec. 2025)

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FRA:KOX Kowloon Development Co Ltd FRA:KOX
75 GF Score
Price €0.42
GF Value €0.51
! 5 Warning Signs
View Full Analysis

What is Kowloon Development Co Debt-to-EBITDA?

Kowloon Development Co FRA:KOX -1.85% 75 Debt-to-EBITDA is -135.78 as of Dec. 2025. GuruFocus rates FRA:KOX with a GF Score™ of 75/100 and a GF Value™ of €0.51. The stock has 5 warning signs investors should review. Among 1,270 Real Estate companies, Kowloon Development Co ranks worse than 98.74% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kowloon Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €185.0 Mil. Kowloon Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €2,080.2 Mil. Kowloon Development Co's annualized EBITDA for the quarter that ended in Dec. 2025 was €-16.7 Mil. Kowloon Development Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -135.78.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Kowloon Development Co's Debt-to-EBITDA or its related term are showing as below:

FRA:KOX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.37   Med: 11.52   Max: 149.16
Current: 149.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kowloon Development Co was 149.16. The lowest was 5.37. And the median was 11.52.

FRA:KOX's Debt-to-EBITDA is ranked worse than
98.74% of 1270 companies
in the Real Estate industry
Industry Median: 5.51 vs FRA:KOX: 149.16

Kowloon Development Co  (FRA:KOX) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Kowloon Development Co Debt-to-EBITDA Related Terms


Kowloon Development Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kowloon Development Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kowloon Development Co Debt-to-EBITDA Chart

Kowloon Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 13.60 34.23 57.44 103.22

Kowloon Development Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.74 164.55 37.12 -135.78 48.06

Kowloon Development Co Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Kowloon Development Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kowloon Development Co Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kowloon Development Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kowloon Development Co's Debt-to-EBITDA falls into.


FRA:KOX
75GF Score
Kowloon Development Co Ltd FRA:KOX
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kowloon Development Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kowloon Development Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(185.048 + 2080.234) / 21.946
=103.22

Kowloon Development Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(185.048 + 2080.234) / -16.684
=-135.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -135.78 mean?
Kowloon Development Co (FRA:KOX) has a Debt-to-EBITDA of -135.78 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kowloon Development Co. Over the past decade, Kowloon Development Co's Debt-to-EBITDA has ranged from 5.37 to 149.16. According to the industry distribution chart, Kowloon Development Co ranks #1254 out of 1270 companies in the Real Estate industry, placing it in the top 98.7%.
Is Kowloon Development Co's Debt-to-EBITDA too high?
Kowloon Development Co's current Debt-to-EBITDA is -135.78. Over the past 10 years, this metric has ranged from a low of 5.37 to a high of 149.16. Based on the distribution chart, Kowloon Development Co ranks #1254 out of 1270 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Kowloon Development Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Kowloon Development Co's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Kowloon Development Co ranks #1254 out of 1270 companies for Debt-to-EBITDA. This places Kowloon Development Co in the lower half of its industry. The industry median Debt-to-EBITDA is 5.51. Historically, Kowloon Development Co's own Debt-to-EBITDA has ranged from 5.37 to 149.16 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.51, based on 1,270 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kowloon Development Co. For the Real Estate industry, the median Debt-to-EBITDA is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowloon Development Co's current Debt-to-EBITDA is -135.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowloon Development Co stock overvalued right now?
Kowloon Development Co (FRA:KOX) has a current Debt-to-EBITDA of -135.78. The stock's GF Value™ is €0.51, compared to a current price of €0.42 — trading 16.9% below its estimated fair value. The current Debt-to-EBITDA is -135.78. Kowloon Development Co's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Kowloon Development Co (FRA:KOX), the current Debt-to-EBITDA is -135.78 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kowloon Development Co (FRA:KOX) Overvalued in 2026?

Based on GuruFocus' analysis, Kowloon Development Co stock appears to be undervalued. The current stock price of €0.42 is trading 16.9% below its estimated GF Value™ of €0.51.

Key valuation signals for FRA:KOX:

  • Debt-to-EBITDA: -135.78
  • GF Value™: €0.51 vs. price of €0.42 (16.9% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the FRA:KOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kowloon Development Co Business Description

Other Exchanges 00034:Hong Kong
Address 750 Nathan Road, 23rd Floor, Pioneer Centre, Kowloon, Hong Kong, HKG
Kowloon Development Co Ltd is an investment holding company. It operates in three segments: Property development, which includes the development and sale of properties and interests in property development; Property investment segment includes leasing of properties to generate rental income and to gain from the appreciation in the properties' values in the long term; and Other businesses segment, which includes the financial investments, the provision of financial services, the provision of property management services and treasury operations. The company generates the majority of its revenue from the sale of properties. Its geographical segments are Hong Kong, which accounts for the majority of revenue; Mainland China; and Others.
75GF Score

Get the complete analysis for FRA:KOX

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.42
Price
€0.51
GF Value